Sectoral Supports

Sectoral Supports

A number of government agencies provide supports for specific sectors or regions.

Sectoral Supports

Fisheries

Bord Iascaigh Mhara (BIM) provides grant funding for activities across the seafood value chain from fisheries through to processing and market development.  Its grants primarily cover the cost of investments in equipment and other assets but also include funding for aquaculture development.  For more information, please visit the BIM website here.

Food and Drink Industry

Bord Bia’s Foresight4Food Small Businesses Programme aims to encourage innovation in small food and drink businesses.  The business works with a professional research agency to consumer test new product ideas.  The research agency invoices Bord Bia, which in turn invoices the company according to the appropriate level of funding.  For more information, please visit the Bord Bia website here.

Tourism Support

Fáilte Ireland provides support services to the tourism sector in Ireland, including dedicated business planning tools.  It also provides a range of capital grants and non-capital grants mainly aimed at supporting the development of visitor attractions and special interest tourism products, such as activity/lifestyle, culture and business tourism.  For more information, please visit the website here.  Grant funding is also available for tourism development from other sources such as the EU Rural Development/ LEADER programme.  See below for more information.

Gaeltacht

Údarás na Gaeltachta is the regional development authority for the Gaeltacht area.  It provides a range of funding similar to that offered by Enterprise Ireland for a wide range of sectors, including innovation  vouchers, equity investments and grants for training employment and capital acquisition of material and intangible assets as well as grants for  feasibility studies, trade fair participation, research and development, consultancy services and development of market research skills.  For more details, please visit the Údarás website here.

The Western Region

The Western Development Commission (WDC) is a statutory body that promotes development in the Western Region (Donegal, Leitrim, Sligo, Mayo, Roscommon, Galway and Clare). It operates the €32 million WDC Investment Fund (WIF) which provides funding for development in business and community enterprises.  The Fund is split into three sub-funds: the Venture Capital Business Fund provides loans and equity to high-growth enterprises;  the Strategic Investment Fund targets flagship projects and initiatives, such as Knock Airport; and the Local Investment Fund provides loans to community enterprise groups.  Please visit the WDC website here for more details.

The WDC launched the Micro Fund to support Creative Industries in the Western Region in June 2012.  The fund  is a pilot initiative, allocating €1 million over a three-year period from the Western Investment Revolved Fund to the creative industries sector.  For more details, please visit the WDC website here.

Local and Rural Development

A range of supports for development of local, community and rural initiatives are available.  These include the EU Rural Development/LEADER programme, National Rural Development schemes and the Local & Community Development Programme.  For more information on these programmes and schemes, please visit the Department of the Environment, Community and Local Government website here or the Pobal website here.